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Alias Born 09/08/2002

Re: rrochon post# 3963

Tuesday, 12/24/2002 10:16:37 PM

Tuesday, December 24, 2002 10:16:37 PM

Post# of 8725
Dick, you said "but what if it hit my limit price, but dropped back down before my order could be executed. It would not sell."

In this case you might want to consider a stop market order. That way if price hits your target price the order is executed at the current market price either above or below your trigger price. This can be risky though. Market makers play games with the stock prices when they see a lot of orders on the books. There are books out there that exlplain what they do. From my research it is safest to only use limit orders. I have been burned numerous times.

If this is not the answer your looking for let me know and I will try again.

JimBob
http://www.vestorAnalytics.com




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